22nd Century Q2 FY26 net loss narrows 0.9% to $3.27 million; revenue falls 29.9% to $2.86 million - XXII News | Rallies22nd Century Q2 FY26 net loss narrows 0.9% to $3.27 million; revenue falls 29.9% to $2.86 million
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XXII• Q2 FY26 results and operating performance
- 22nd Century posted Q2 2026 net loss from continuing operations of $3.27 million, narrowing 0.9% year over year.
- Net revenues fell 29.9% to $2.86 million, while operating loss widened 10.4% to $3.29 million.
- Gross loss narrowed to $293,000 from $635,000, while GAAP loss per share from continuing operations improved to $15.6.
- Adjusted EBITDA loss (non-GAAP) widened to $3.5 million from $2.64 million.
Commercial update and distribution expansion
- The company expanded Pinnacle VLN retail distribution, launched Pinnacle Pure, and entered California.
- 22nd Century said it is targeting roughly 5,000 VLN outlets by year-end 2026.
